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We know the Summit, NJ real estate market as only 3rd & 4th generations can. Call us: 908-376-2730 and get on board with the best!
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Free Relocation Package
Moving your family to another town or state is a major event in your life. We have helped many families and individuals relocate comfortably.
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 Compare three
mortgages at one time. Download TripleCalc now. It's free. |
Diane and Cory Robinson is one of
The Top Selling Real Estate Experts™
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Free Marketing Presentation
Before signing a contract with any real estate agent, make sure you know how your home will be marketed. There is a vast range in skills, experience, and track records! A "Listing Presentation" is an industry term for the formal presentation that a real estate agent makes to prospective home sellers. We'll visit your home, and together we will walk through it, considering the positives and negatives (if any!). You will then see exactly how we would propose to sell your home, for as much as the market will bear, and within your time frame. We will tell you where we will advertise your home, both in print and on the web. With the dramatic growth in homebuyer usage of the web, you MUST have a top real estate agent that can extensively market your home online! And you'll find out what your home is worth, too, because part of our presentation will include a CMA (Comparative Market Analysis) of your home. We'll compare your home to others like it that have recently sold, and also to others that are currently for sale. This is a very important way of determining the fair market value of your home. We'd love the chance to make a presentation for you. It is totally free and without any obligation. Call us! Or fill out this form and we will get back to you quickly...
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Tax Considerations >Tax Breaks
Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you paid off your mortgage and had to pay a pre-payment penalty, it qualifies as tax deductible interest. If you paid an "acquisition mortgage loan fee" on a home loan, this fee can be deducted as itemized interest. Home improvement loan fees are also deductible. Any remaining loan fees from re-financed or paid-off mortgages are fully deductible at the time of the mortgage payoff.
Certain items don't qualify as deductions, but can be added to the cost basis of your home, such as transfer taxes, recording and title fees, and special local property tax assessments for new sidewalks, streets, or sewers.
Don't be intimidated by the tax code! A little research or consultation with an expert can help you maximize your real estate tax advantages.
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| Q |
What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
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| A |
Real Estate--it goes through cycles, but still has a long-term record of strong investment return. |
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All rights reserved. All information deemed reliable but not guaranteed.
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